Common use of Limitation on Interest Period Clause in Contracts

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving Commitments.

Appears in 16 contracts

Samples: Revolving Credit and Guaranty Agreement (United Airlines, Inc.), Credit Agreement (Delta Air Lines, Inc.), Credit and Guaranty Agreement (Spirit Airlines, Inc.)

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Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Term Loan if the Interest Period requested with respect thereto would end after the Revolving Facility applicable Term Loan Maturity Date with respect to the applicable Revolving CommitmentsDate.

Appears in 10 contracts

Samples: Term Loan Credit and Guaranty Agreement (United Airlines, Inc.), Term Loan Credit and Guaranty Agreement (United Airlines, Inc.), Loan Credit Agreement (Delta Air Lines, Inc.)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, (i) any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving CommitmentsCommitments or (ii) any Borrowing of a Term Loan if the Interest Period requested with respect thereto would end after the applicable Term Loan Maturity Date.

Appears in 9 contracts

Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (United Airlines, Inc.), Security Agreement (American Airlines Inc)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving CommitmentsDate.

Appears in 5 contracts

Samples: Loan and Guaranty Agreement (Ual Corp /De/), Intercreditor Agreement (Delta Air Lines Inc /De/), First Lien Security Agreement (Delta Air Lines Inc /De/)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower Borrowers shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Term Loan if the Interest Period requested with respect thereto would end after the Revolving Facility applicable Maturity Date with respect to the applicable Revolving CommitmentsDate.

Appears in 2 contracts

Samples: Credit Agreement (Latam Airlines Group S.A.), Credit Agreement (Latam Airlines Group S.A.)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving Commitments. Section 2.02.

Appears in 1 contract

Samples: Revolving Credit Agreement 2022 Revolving Credit and Guaranty Agreement (Allegiant Travel CO)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any 1006028216v17 Borrowing of a Revolving Term Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Term Loan Maturity Date with respect to the applicable Revolving CommitmentsDate.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Jetblue Airways Corp)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, (i) any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving CommitmentsCommitments or (ii) any Borrowing of a Term Loan if the Interest Period requested with respect thereto would end after the Term Loan Maturity Date.

Appears in 1 contract

Samples: Security Agreement (Delta Air Lines Inc /De/)

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Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving CommitmentsDate.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Allegiant Travel CO)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving Commitments.. 92544055_10

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hawaiian Holdings Inc)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving Commitments.. #4835-7899-9450v13 #4834-7509-9972 Exhibit 10.2

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Term Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Term Loan Maturity Date with respect to the applicable Revolving CommitmentsDate.

Appears in 1 contract

Samples: Mortgage and Security Agreement (United Airlines, Inc.)

Limitation on Interest Period. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving CommitmentsDate. SECTION 2.02.

Appears in 1 contract

Samples: Loan and Guaranty Agreement

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